Friday, March 14, 2008

In reaction to strong earnings/guidance:

SCA +104.5%, ZUMZ +13.5%, ARCI +9.6%, COGO +8.7%, LSCC +6.0%, RSO +5.8%, INTX +3.9%, WSCI +3.0%, ZIPR +1.9%, ADS +1.0% (discloses it will dispose of certain operations)... Other news: VM +15.4% (rebounding after this week's ~35%+ decline), TTHI +14.8% (Eli Lilly and Transition therapeutics announce licensing and collaboration agreement), TMA +10.6 (still checking), SHPGY +5.0% (Shire Shares Jump on Speculation Pfizer Will Make Bid - Bloomberg.com), EXEL +3.8% (to develop Exelixis compound exercised by Genentech), BHP +1.6% (stock showed strength in Europe), DOW +1.4% (Cramer makes positive comments on MadMoney), YHOO +1.1% (Microsoft pitches merger vision to Yahoo at meeting - WSJ)... Analyst upgrades: EK +2.5% (upgraded to Hold at Citigroup), BA +1.9% (upgraded to Overweight at Morgan Stanley), HL +1.6% (upgraded to Outperform at RBC),WX +1.4% (upgraded to Buy at Jefferies), MYL +1.4% (upgraded to Buy at Citigroup).

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